Can Fin Homes Ltd. · NSE:CANFINHOME
Can Fin Homes — Q3 FY2019 Earnings Presentation
18 slides from Can Fin Homes's earnings presentation, Jan 23, 2019
Slide 1: Submission of Investor Presentation - Post Q3 FY19 results
CAN FIN HOMES LTD Registered Office No. 29/1, 1st Floor, M N Krishna Rao Road Basavanagudi, BENGALURU - 560 004 Can Fin Homes Ikl E-mail: compsecK1canfinhomes.com (Sponsor: CO•NAAA usenet Tel : 080 26569259 Fax :080 26565746 grand. boy m • IBM 94.a/ely Web: www canfinhomes corn CIN:L85110KA1987PLC00
Slide 2: Can Fin Homes Ltd. at a Glance
Can Fin Homes Ltd. .. at a Glance 31 years of vision, passion and progress Offering home loans since 1987….. and it is just a beginning Information to Investors 3QFY19 ended December 2018 www.canfinhomes.com 1
Slide 3: About us
About us ▪ 31 year old institution registered as a deposit taking HFC with NHB ▪ Promoted by Canara Bank in the year 1987 with the shareholding of 30% Legacy ▪ Listed in 1991. Carries a legacy of an uninterrupted dividend payment since inception ▪ Dominance in South ( 72% of Loan Book) as at Decembe
Slide 4: Board of Directors
Board of Directors Name of the Director Designation Occupation Smt. Bharati Rao Chairperson Former Dy. Managing Director (Independent) State Bank of India Shri Sarada Kumar Hota Managing Director General Manager Canara Bank (On Deputation to Can Fin Homes) Smt P.V.Bharathi Director Executive Directo
Slide 5: Performance Highlights - Q3 FY19
Performance Highlights - Q3 FY19 Disbursements during 9m of FY19 amounted to Rs.3,925 crore Q3 FY19: 1318Cr, Q2FY19 : 1443 Cr, Q1FY19: 1164 Cr Loan Book Growth in FY19: Rs. 1,826 crore (vs Rs.1745 crore in 9m of FY18) Loan Book reached Rs.17568 crore with a clientele base of 1.40 lakh Y-o-Y
Slide 6: Performance Highlights – Q3 FY19
Performance Highlights – Q3 FY19 Amount in Rs. Crore QUARTER ENDED 9 MONTHS ENDED Sl. No. Particulars DEC’18 (3m) SEP’18 (3m) DEC’17 (3m) DEC’18 (9m) DEC’17 (9m) 1 New Approvals 1483 1521 1547 4214 4307 2 Disbursements 1318 1443 1321 3925 3821 17578 3 Outstanding Loan Book 16935 15068 17578 15068 4
Slide 7: Performance Highlights – Q3 FY19
Performance Highlights – Q3 FY19 Amount in Rs. Crore QUARTER ENDED 9 MONTHS ENDED Sl. No. Particulars DEC’18 (3m) SEP’18 (3m) DEC’17 (3m) DEC’18 (9m) DEC’17 (9m) 13 Profit Before Tax & Provisions 126.31 121.59 118.28 362.04 346.15 14 Provision for SA & NPA -- -- 9.23 -- 21.34 15 Profit Before Tax 12
Slide 8: Reconciliation of PAT @ Dec’17 (GAAP ~ Ind AS)
Reconciliation of PAT @ Dec’17 (GAAP ~ Ind AS) Amount in Rs. Crore 9 MONTHS Sl. No. Particulars ended DEC 31, 2017 1 Net Profit reported as per erstwhile Indian GAAP 226.31 2 Amortisation of processing fees a. Impact due to amortisation of processing fee over term of loan -13.53 b. Deemed Interest I
Slide 9: Key Financial Ratios – Q3 FY19
Key Financial Ratios – Q3 FY19 Amount in Rs. Crore PERIOD ENDED Sl. No. Particulars DEC’18 SEP’18 DEC’17 1 Return on Avg Assets (Annualised) 1.88 1.88 1.95 2 Return on Equity (Annualised) 21.43 20.74 23.43 3 Earning Per Share* (Rs.) 17.39 11.43 15.50 4 Net Interest Margin (%) 3.18 3.17 3.58 5 Yield
Slide 10: Lending Basket
Lending Basket Category-wise Product-wise Distribution of Loan Book Sl . Category/Product Dec-17 Mar-18 June-18 Sep-18 Dec-18 No. O/s Amt. O/s Amt. O/s Amt. O/s Amt. O/s Amt. 1 Salaried & Professionals i) Housing Loans 10,195 10,665 10,915 11,294 11,624 ii) Top-up Personal Loans 304 338 346 369 388
Slide 11: Funding Basket
Funding Basket Funding Mix @ DEC 2017 (as %) Funding Mix @ DEC 2018 (as %) DEP Market DEP Market 2% Borrowings 1% Borrowings 38% 58% BANKS 22% BANKS 48% NHB NHB 18% 13% • Backed by strong AAA ratings for our borrowing/NCD & A1+ for CP programs • Commercial Papers as on 31.12.2018 constituted 12% of
Slide 12: Liquidity Position
Liquidity Position Amount in Rs. Crore Particulars For Q4FY19 For Q1FY20 For Q2FY20 ending Mar.19 ending Jun.19 ending Sep.19 Un-availed limits as on 31/12/2018 2486.85 1335.58 1361.31 (Opening Balance) Add: Collections 1350.00 1700.00 1700.00 Less: Interest and principal 2651.27 1224.27 606.06 repa
Slide 13: Branch network
Branch network (154 branches + 21 AHLCs + 14 Satellite Offices) Punjab – Jalandhar Tamilnadu - Hosur, Chennai (9 branches) , Madurai, Namakkal, Trichy, Coimbatore, Salem, Erode, Chandigarh Vellore, Thiruchengode, Dindigul, Karur, Rajasthan – Alwar, Jaipur, Virudhunagar, Tirunelveli, CBE- P N Palyam,
Slide 14: Strategic Initiatives
Strategic Initiatives Affordable Housing Loan Centres (AHLCs) .. 21 as of now .. Upcountry outlets dedicated to cater to Affordable Housing Segment – (GRHS / LUH / CLSS-PMAY) .. opened by upgradation of erstwhile satellite offices Introduction of Centralised Processing Centre (CPC) and Centralis
Slide 15: Strategic Initiatives
Strategic Initiatives Branch expansion focus on Tier II/III Growth Centres .. Pan India Network increased from 41 branches as at Mar’11 .. to 140 at Mar’16 .. to 189 now (175Br/AHLCs + 14 SOs) Of this Non- South network increased from 18 branches at Mar’11 .. to 40 at Mar’16 .. to 69 now 41 bran
Slide 16: Recognition
Recognition FE India’s Best Bank Awards - Runner-Up in NBFC Category FY 17 Award received by Managing Director on 10th January 2019 www.canfinhomes.com 15
Slide 17: Future Outlook
Future Outlook Vision 2022 : Loan book size of Rs.40,000 Cr by the end of FY2022 (CAGR of 26%) Business Budget for 2018-19 (Revised): Loan book size of Rs.18,500 Cr vs Rs.15,743 Cr at Mar’18 (+17.5%) .. as against Rs 19,500 envisaged at the beginning of the year Branch Expansion Plan for 2019-20
Slide 18: Thank You
The forward looking statements and projections, if any, contained in this presentation are predictions and involve known and unknown risks, uncertainties and other factors including the future changes or developments, the competitive environment, ability to implement the strategies and initiatives,